In a company with a growth story, and if you are willing to accept the risk, I generally value each $5 mil revenue per annum at $100 mil MC. Thats just the way I tend to look at it, I should have been clearer. They obviously dont have that revenue yet, and may never do so, and my enthusiasm may be as yet be unfounded, but this is the spec end and your blanket buzzkill statement is sour grapes from a non holder.
Would you care to risk an opinion that others can pick apart or did you think I was going to be an easy mark champ?
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